Press release
Investigation announced for Investors in shares of Malibu Boats, Inc. (NASDAQ: MBUU) over potential Wrongdoing by certain directors
An investigation on behalf of investors in Malibu Boats, Inc. (NASDAQ: MBUU) shares over potential wrongdoing at Malibu Boats, Inc
Investors who purchased shares of Malibu Boats, Inc. (NASDAQ: MBUU) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Malibu Boats, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Loudon, TN based Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells a range of recreational powerboats. Malibu Boats, Inc. reported that its Total Revenue rose from over $1.21 billion for the 12 months period that ended on June 30, 2022, to over $1.388 billion for the 12 months period that ended on June 30, 2023.
Shares of Malibu Boats, Inc. (NASDAQ: MBUU) declined from $65.45 per share on February 02, 2023, to as low as $46.57 per share on September 22, 2023.
Those who purchased shares of Malibu Boats, Inc. (NASDAQ: MBUU) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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